The Australian dollar was half a US cent higher after the US dollar lost ground against the euro and the yen in overnight trade. At 6.30am AEDT the local unit was trading at 103.05 US cents, up from 102.55 cents at yesterday’s local ...
The Australian dollar nudged higher in light trading today, with much of Asia closed for the Lunar New Year celebrations and a public holiday in Japan. By late afteroon, the Aussie was trading at $US1.0301, up from US$1.0299 late Friday. ...
The US dollar lost ground versus major rivals Tuesday, while the Australian and New Zealand currencies gained after upbeat economic data from the two South Pacific nations. The ICE dollar index, which measures the greenback against a ...
Tags: US dollar, currencies, ICE dollar index
The sharemarket surged to a 21-month high yesterday as investors dumped bonds and rushed to buy equities in response to an improving global growth outlook. Overnight on Monday, the US reported a 4.6 per cent rise in durable goods for ...
Tags: sharemarket, global growth outlook, US
A weaker yen helped Japanese stocks push past 11,000 for the first time since April 2010 early today, while the South Korean market was weighed by a decline in Samsung Electronics. The US dollar strengthened against the yen early today, ...
Tags: yen, Japanese stocks, Samsung Electronics
The sharemarket rose yesterday, led by BHP Billiton after its first-half production report broadly met expectations. Australia's big four banks climbed on speculation that interest rates may drop further. The benchmark S&P/ASX 200 ...
Tags: sharemarket, BHP, banks
The Australian dollar gained against the greenback but lost ground versus the yen after the Bank of Japan agreed an "open-ended" commitment to ending deflation through asset purchases and a 2 per cent inflation target. The moves, although ...
Tags: Dollar, yen, Australian dollar
The sharemarket closed little changed yesterday, despite news from Japan that Australia's second-biggest trading partner was taking steps to spur growth in its long-stalled economy. The benchmark S&P/ASX 200 index closed up 1.6 points, or ...
Tags: Stocks, sharemarket, inflation target
The Australian dollar has continued to rise above 105 US cents in overnight trading. At 6.20am AEDT the Australian dollar was trading at 105.15 US cents, up slightly from yesterday’s local close of 105.08 US cents. During the ...
DATA showing only modest growth in US jobs during December dampened expectations that the Federal Reserve will bring its bond-buying program to an end sooner than expected, weighing on the greenback and helping lift the Aussie dollar in the ...
The Australian dollar fell during Asian trade yesterday after the minutes of the US Federal Reserve's December meeting showed some policymakers were pushing for its bond buying program to end as soon as this year. The Fed minutes showed a ...
Tags: Australian dollar, Asian trade, Federal Reserve, Fed minutes
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...
Tags: sharemarket, US politicians, fiscal cliff, stocks
The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
THE bad news out of Washington as talks to resolve the US fiscal cliff broke down pushed the dollar lower as investors ran to the safe haven of the greenback. At 5pm AEDT,the dollar was trading at$US1.0453,down US0.38c. Risk appetite ...
Tags: Washington, US fiscal cliff, economy